Monday, February 8, 2016

Apple Calls

During trading today, I like an Apple, symbol AAPL, call. See the table below.

Apple has a strong balance sheet and a 2.2% yield on my most current basis. To be included in my 2016 portfolio, the yield has to be 2.75% so you will not see AAPL show up in that portfolio.

Yet, the trade today was fascinating. I put in a limit price of $93.75 when it was trading around $94.10 and when I returned from my meeting, the trade executed at $93.75 (2 PM Eastern time.) AAPL closed at $95.01. I don't really care about immediate gains. They are like sugar highs. I do care about income potential which is why I like the dividend and call opportunity of Apple.

Tomorrow I will monitor the market for as good as or better than the call available on 2/8.

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TheMoneyMadam's Story

My income investing success came from my experience managing my and other people's money since 1993. Successful income investing requires discipline. In this blog I provide specific investments based on my principles of conservative income investing. I hope to help the thousands or even millions of people who have saved and want to invest their nest eggs to retire with income that grows. M* MoneyMadam

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Information on this blog does not constitute investment advice. Review or mention of any stock, bond, or other investment shall not be considered a buy or sell recommendation. Everything in this blog is the opinion of the author and no warranties are expressed or implied. M*MoneyMadam.